经济触角：国家发改委介绍一揽子增量政策

Policy Overview - The National Development and Reform Commission (NDRC) introduced a comprehensive set of incremental policies aimed at promoting high-quality economic development and addressing social concerns[1] - The policies focus on five key areas: macroeconomic counter-cyclical adjustments, expanding domestic effective demand, enhancing support for enterprises, stabilizing the real estate market, and boosting the capital market[1] Economic Measures - The NDRC plans to issue CNY 100 billion in central budget investment and an additional CNY 100 billion for major construction projects in the upcoming year[1] - There will be a continuation of issuing ultra-long-term special bonds to support major strategic projects and enhance investment in key areas[1] Support for Enterprises - The NDRC emphasizes the need for standardized enforcement and regulatory practices to avoid arbitrary fines and inspections, ensuring a fair business environment[2] - Policies related to tax support, unemployment insurance, and skills enhancement will be evaluated for potential extension by the end of the year[2] - A coordination mechanism will be established to support financing for small and micro enterprises, ensuring that financial institutions provide necessary loans[2] Long-term Strategy - The policies reflect a shift towards demand-side economic stimulation, with a focus on improving living standards and addressing the operational challenges faced by non-public enterprises[3] - The active participation of the real estate and stock markets, along with consumer spending during the recent Golden Week, indicates the effectiveness of the policy direction in boosting consumption[3]